Ongoing Disclosure Notice

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers
Relevant Interests
Sections 297(2) and 298(2), Financial Markets
Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
Spark New Zealand Limited (Spark NZ)
Date this disclosure made:
10 October 2025
Date of last disclosure:
25 September 2025
Director or senior manager giving disclosure
Full name(s):
Heather Langton (formerly Polglase)
Name of listed issuer:
Spark NZ
Name of related body corporate (if applicable):
N/A
Position held in listed issuer:People and Culture Director
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Ordinary shares in Spark NZ (SPK)
Nature of the affected relevant interest(s):
1. Legal ownership of ordinary shares issued upon
conversion of options pursuant to the Spark NZ
Long Term Incentive (LTI) Scheme
2. Lapse of options to acquire shares pursuant to
the Spark NZ LTI Scheme
3. Legal ownership of ordinary shares following
disposal on market to satisfy tax liabilities that arise
from the provision of benefits pursuant to the Spark
NZ LTI Scheme
For that relevant interest-
Number held in class before acquisition or disposal:
1. 40,567 ordinary shares before conversion of
options
2. 181,561 options before lapse of options
3. 42,497 ordinary shares before disposal
Number held in class after acquisition or disposal:
1. 42,497 ordinary shares after conversion of
options
2. 152,618 options after lapse of options
3. 41,734 ordinary shares after disposal
Current registered holder(s):
Heather Langton
Registered holder(s) once transfers are registered:
Heather Langton
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative:
N/A
Class of underlying financial products:
N/A
Details of affected derivative-
The notional value of the derivative (if any) or the notional
amount of underlying financial products (if any):
N/A
A statement as to whether the derivative is cash settled or
physically settled:
N/A
Maturity date of the derivative (if any):
N/A
Expiry date of the derivative(if any):
N/A
The price specified in the terms of the derivative (if any):
N/A
Any other details needed to understand how the amount of the
consideration payable under the derivative or the value of the
derivative is affected by the value of the underlying financial
products:
N/A
For that derivative,-
Parties to the derivative:
N/A

If the director or senior manager is not a party to the derivative,
the nature of the relevant interest in the derivative:
N/A
Details of transactions giving rise to acquisition or
disposal
Total number of transactions to which notice relates:
Three
Details of transactions requiring disclosure-
Date of transaction:
6 October 2025
Nature of transaction:
1. Conversion of options into ordinary shares and
the issue of such ordinary shares pursuant to the
Spark NZ LTI Scheme
2. Lapse of options to acquire shares pursuant to
the Spark NZ LTI Scheme
3. Disposal of ordinary shares on market to satisfy
tax liabilities that arise from the provision of benefits
pursuant to the Spark NZ LTI Scheme
Name of any other party or parties to the transaction (if known):
N/A
The consideration, expressed in New Zealand dollars, paid or
recieved for the acquisition or disposal. If the consideration
was not in cash and cannot be readily by converted into a cash
value, describe the consideration:
1. No consideration is payable by the Participants
on issue of fully paid ordinary shares following the
exercise of vested options under the Spark NZ LTI
Scheme
2. No consideration is payable by the Participants
on the lapse of options under the Spark NZ LTI
Scheme
3. $1,808.31
Number of financial products to which the transaction related:
1. 1,930 options converted into 1,930 ordinary
shares
2. 28,943 options lapsed
3.763 ordinary shares disposed
If the issuer has a financial products trading policy that
prohibits directors or senior managers from trading during any
period without written clearance (a closed period) include the
following details—
Whether relevant interests were aquired or disposed of during
a closed period:
No
Whether prior written clearance was provided to allow the
aquisition or disposal to proceed during the closed period:
N/A
Date of the prior written clearance (if any):
N/A
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:
Ordinary shares
Nature of relevant interest:
Legal ownership of options to acquire ordinary
shares pursuant to the Spark NZ LTI Scheme and
Spark NZ Transformation Delivery Incentive
Schemes and legal ownership of ordinary shares
For that relevant interest,-
Number held in class:
187,247 options and legal ownership of 41,734
ordinary shares
Current registered holder(s):
Heather Langton
For a derivative relevant interest,-
Type of derivative:
N/A
Details of derivative,-
The notional value of the derivative (if any) or the notional
amount of underlying financial products (if any):
N/A
A statement as to whether the derivative is cash settled or
physically settled:
N/A
Maturity date of the derivative (if any):N/A
Expiry date of the derivative (if any):N/A
The price's specified terms (if any):N/A
Any other details needed to understand how the amount of the
consideration payable under the derivative or the value of the
derivative is affected by the value of the underlying financial
products:
N/A

For that derivative relevant interest,-
Parties to the derivative:
N/A
If the director or senior manager is not a party to the derivative,
the nature of the relevant interest in the derivative:
N/A
Certification
I certify that, to the best of my knowledge and belief, the
information contained in this disclosure is correct and that I am
duly authorised to make this disclosure by all persons for
whom it is made.
Signature of director or officer:
Date of signature:
or
Signature of person authorised to sign on behalf of director or
officer:
Date of signature:
10 October 2025
Name and title of authorised person:Paige Howard-Smith, Company Secretary
Notes
Use this form to disclose all the aquisitions and disposals by a
director or senior manager of a listed issuer, or of a related
body corporate, or in specified derivatives. The disclosure
must be made within—
(a) 20 working days after the first aquisition or
disposal disclosed in this notice if the aquisitions or disposals
are of a kind referred to in section 297(2)(a) of the Financial
Markets Conduct Act 2013; or
(b) in any other case, 5 trading days after the first
aquisition or disposal disclosed in this notice.